News Corp Details Progress of US$1 Billion Share Repurchase Program

An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has notified the ASX of a daily buy-back related to a previously authorised repurchase program of up to US$1 billion in its Nasdaq-listed Class A and Class B common stock. The company plans to execute these repurchases from time to time in the open market or otherwise, while confirming that no ASX-listed CDIs will be bought back under this 2025 Repurchase Program, which may influence its capital structure and share liquidity primarily in the U.S. market.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$50.00 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation operates as a global media and information services company, with its shares listed on Nasdaq and Chess Depository Interests traded on the ASX. It issues Class A and Class B common stock and uses capital management programs, including share repurchases, to manage its listed equity structure across markets.

Average Trading Volume: 262,708

Technical Sentiment Signal: Hold

Current Market Cap: A$21.54B

See more data about NWS stock on TipRanks’ Stock Analysis page.